Andretti Acquisition Corp Performance
| WNNRDelisted Stock | USD 10.60 0.02 0.19% |
The firm shows a Beta (market volatility) of 0.0437, which signifies not very significant fluctuations relative to the market. As returns on the market increase, Andretti Acquisition's returns are expected to increase less than the market. However, during the bear market, the loss of holding Andretti Acquisition is expected to be smaller as well. Andretti Acquisition Corp right now shows a risk of 0.0%. Please confirm Andretti Acquisition Corp sortino ratio, as well as the relationship between the semi variance and rate of daily change , to decide if Andretti Acquisition Corp will be following its price patterns.
Risk-Adjusted Performance
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Over the last 90 days Andretti Acquisition Corp has generated negative risk-adjusted returns adding no value to investors with long positions. Even with relatively invariable basic indicators, Andretti Acquisition is not utilizing all of its potentials. The current stock price agitation, may contribute to short-term losses for the retail investors. ...more
| Begin Period Cash Flow | 616.1 K |
Andretti |
Andretti Acquisition Relative Risk vs. Return Landscape
If you would invest 1,060 in Andretti Acquisition Corp on September 18, 2024 and sell it today you would earn a total of 0.00 from holding Andretti Acquisition Corp or generate 0.0% return on investment over 90 days. Andretti Acquisition Corp is currently does not generate positive expected returns and assumes 0.0% risk (volatility on return distribution) over the 90 days horizon. In different words, 0% of stocks are less volatile than Andretti, and 99% of all traded equity instruments are projected to make higher returns than the company over the 90 days investment horizon. Expected Return |
| Risk |
Andretti Acquisition Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for Andretti Acquisition's investment risk. Standard deviation is the most common way to measure market volatility of stocks, such as Andretti Acquisition Corp, and traders can use it to determine the average amount a Andretti Acquisition's price has deviated from the expected return over a period of time. It is calculated by determining the expected price for the established period and then subtracting this figure from each price point. The differences are then squared, summed, and averaged to produce the variance.
Sharpe Ratio = 0.0
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Based on monthly moving average Andretti Acquisition is not performing at its full potential. However, if added to a well diversified portfolio the total return can be enhanced and market risk can be reduced. You can increase risk-adjusted return of Andretti Acquisition by adding Andretti Acquisition to a well-diversified portfolio.
Andretti Acquisition Fundamentals Growth
Andretti Stock prices reflect investors' perceptions of the future prospects and financial health of Andretti Acquisition, and Andretti Acquisition fundamentals are critical determinants of its market performance. Overall, investors pay close attention to revenue and earnings growth, profit margins, and debt levels. These fundamentals can have a significant impact on Andretti Stock performance.
| Return On Asset | -0.0319 | |||
| Current Valuation | 187.86 M | |||
| Shares Outstanding | 7.89 M | |||
| Price To Book | 2.61 X | |||
| EBITDA | (8.35 M) | |||
| Cash And Equivalents | 962.3 K | |||
| Cash Per Share | 0.03 X | |||
| Total Debt | 2.45 M | |||
| Book Value Per Share | (1.12) X | |||
| Cash Flow From Operations | (3.04 M) | |||
| Earnings Per Share | (0.04) X | |||
| Total Asset | 86.47 M | |||
| Retained Earnings | (15.29 M) | |||
About Andretti Acquisition Performance
Assessing Andretti Acquisition's fundamental ratios provides investors with valuable insights into Andretti Acquisition's financial health and overall profitability. This information is crucial for making informed investment decisions. A high ROA would indicate that the Andretti Acquisition is effectively leveraging its assets and equity to generate significant profits, making it an appealing investment. Conversely, low Return on Assets could signal underlying management issues in assets and equity, indicating a necessity for operational refinements. Please also refer to our technical analysis and fundamental analysis pages.
Andretti Acquisition Corp., a special purpose acquisition company, focuses on effecting a merger, share exchange, asset acquisition, share purchase, reorganization, or similar business combination with one or more businesses or entities. The company was incorporated in 2021 and is based in Indianapolis, Indiana. Andretti Acquisition is traded on New York Stock Exchange in the United States.Things to note about Andretti Acquisition Corp performance evaluation
Checking the ongoing alerts about Andretti Acquisition for important developments is a great way to find new opportunities for your next move. Stock alerts and notifications screener for Andretti Acquisition Corp help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.| Andretti Acquisition is now traded under the symbol ZPTA. Please update your portfolios or report it if you believe this is an error. Report It! | |
| Andretti Acquisition is not yet fully synchronised with the market data | |
| Andretti Acquisition has a very high chance of going through financial distress in the upcoming years | |
| Net Loss for the year was (862.92 K) with profit before overhead, payroll, taxes, and interest of 0. | |
| Andretti Acquisition Corp currently holds about 962.3 K in cash with (3.04 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 0.03. | |
| Over 90.0% of the company outstanding shares are owned by institutional investors |
- Analyzing Andretti Acquisition's financial statements, including its income statement, balance sheet, and cash flow statement, helps in understanding its overall financial health and growth potential.
- Getting a closer look at valuation ratios like price-to-earnings (P/E) ratio, price-to-sales (P/S) ratio, and price-to-book (P/B) ratio help in understanding whether Andretti Acquisition's stock is overvalued or undervalued compared to its peers.
- Examining Andretti Acquisition's industry or sector and how it is performing can give you an idea of its growth potential and how it is positioned relative to its competitors.
- Evaluating Andretti Acquisition's management team can have a significant impact on its success or failure. Reviewing the track record and experience of Andretti Acquisition's management team can help you assess the Company's leadership.
- Pay attention to analyst opinions and ratings of Andretti Acquisition's stock. These opinions can provide insight into Andretti Acquisition's potential for growth and whether the stock is currently undervalued or overvalued.
Check out Your Current Watchlist to better understand how to build diversified portfolios. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors. You can also try the Money Flow Index module to determine momentum by analyzing Money Flow Index and other technical indicators.
Other Consideration for investing in Andretti Stock
If you are still planning to invest in Andretti Acquisition Corp check if it may still be traded through OTC markets such as Pink Sheets or OTC Bulletin Board. You may also purchase it directly from the company, but this is not always possible and may require contacting the company directly. Please note that delisted stocks are often considered to be more risky investments, as they are no longer subject to the same regulatory and reporting requirements as listed stocks. Therefore, it is essential to carefully research the Andretti Acquisition's history and understand the potential risks before investing.
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